Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Recently fully Renovated property 118 Rochester Street presents an excellent opportunity to acquire a well-maintained purpose-built sixplex in the heart of Ottawa’s sought-after West Centretown/Chinatown neighbourhood. Ideally located within walking distance to Little Italy, Bayview Station, transit, restaurants, shops, and numerous amenities, this property offers both stable in-place income and significant long-term upside potential.The building consists of six spacious two-bedroom units with functional layouts, many featuring hardwood flooring, large windows, and excellent natural light throughout. Each unit benefits from private outdoor space, including front balconies and rear decks. Separately metered hydro allows tenants to pay their own electricity, helping reduce operating expenses. The property also features a large shared laundry area and individual tenant storage lockers in the basement.Mechanically, the building has been well maintained with a gas-fired radiant heating system serviced by a newer boiler (2015). Recently Renovated – Major updates to roof, windows, plumbing, and electrical improvements completed. Fire retrofit documentation is on file. A new rear staircase/fire escape has recently been constructed, with minor remaining work associated with completion of a firewall as required through a granted minor variance.The property offers considerable rental upside through future turnover and operational optimization, presenting investors with a strong opportunity to increase NOI and overall asset value over time. Historically low vacancy in this highly desirable rental pocket further supports the long-term stability of the investment. A previous buyer completed a Phase I Environmental Site Assessment (ESA). Fully Renovated. Additional information available upon request. Buyer to Confirm All Details and Measurements. (id:50982)

Ottawa, Ontario

Welcome to 93-95 Lower Charlotte, built around 1907. Since 2003, all systems were updated… electricity: 100 amp service to 300 amp … plumbing: lead pipes and cast iron to copper and ABS… remove most lath and plaster and installed insulation and sheetrock (5/8), replaced flooring with hardwood, laminate, vinyl or ceramic throughout. Built 5 new bathrooms and 1 powder room. Installed 3 full kitchens. The back and side bricks were replaced by vinyl siding and hardy-board. The front bricks and wooden entrance was replaced by new bricks and concrete stairs and landing. A rooftop deck, second floor balcony and a deck off of the 93 kitchen. 93-95 Lower Charlotte is a legal non-conforming Triplex… 93 Lower Charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room. Approx. 1,400 sq. ft. The main floor has Living/Dining area, powder room, renovated kitchen with access to large private deck. The second floor has a Master bedroom with access to balcony, walk-in closet and 4-pces ensuite, laundry room and a second bedroom with a Murphy bed. 95 Lower Charlotte has 2 bedrooms, a 4-pces bathroom and a kitchen on the main floor. On the second floor, there are 3 bedrooms, a 4-pces bathroom and a kitchenette with access to the front balcony. The third, located on third floor of 93-95 has private access from the back entrance. This unit 3 bedrooms, 2 3-peices bathrooms and a kitchen/living area. This unit has exclusive use of the roof-top deck with BBQ. TOTAL EXPENSES: Taxes – $11,699.00, Wifi – $1,573, Hydro – $2,690.00, Water – $1,713.43, Gas – $3,656.70 , Insurance: $5243.00 Total Operating Expenses is: $26,575.00. RENTAL REVENUES: Unit -1 at 93 : $2600 mth, Unit -2 at 95 : $3450.00, Unit – at 93-95 : $2350. TOTAL Rental Income: $8,400 * 12 = $100,800.00 ( rent includes all utilities) Net Operating Income (NOI) is $74,225.00. Capitalization Rate is : 4.4 ($74,225.00 / $1,695,000) There are 4 legal Parking spaces. (id:50982)

Ottawa, Ontario

Welcome to 12 Lewis Street, this elegant all-brick duplex ideally located in Ottawa’s prestigious Golden Triangle, where city living meets a quiet, established neighbourhood feel. Presenting a rare opportunity for investors, developers, renovators, or those seeking to craft their dream home in a prime location. Zoning Code N4B[478], this well-appointed property features two self-contained units, each thoughtfully designed with functional layouts and timeless appeal. Unit 1offers a warm and inviting space, featuring a comfortable living room with a wood-burning fireplace, a dining room, a well-appointed kitchen, a bedroom, and a full hallway bathroom. The unit also provides direct access to the rear yard, enhancing both convenience and livability. Unit 2 includes a bright and spacious bedroom with an additional den/closet area, a full bathroom, a kitchen with quartz countertops, and an open-concept living and dining area. This level also features a dedicated laundry closet and access to a private rear balcony, creating a comfortable and functional living space. The classic brick exterior and deep urban lot provide exceptional potential for renovation, redevelopment, or customization, allowing the next owner to maximize the property’s value and versatility. Additional features include a private backyard, side driveway with off-street parking, and an unfinished basement, offering ample storage and further development potential. Ideally situated just steps from Elgin Street and within walking distance to the Rideau Canal, National Arts Centre, downtown Ottawa, University of Ottawa, Lisgar Collegiate, parks, bike paths, LRT access, and an outstanding selection of restaurants and cafés, this property offers an unparalleled urban lifestyle in a quiet, established setting. This property must be sold together with 8 Lewis St and 10 Lewis St. Property sold as is, where is. 24-hour irrevocable on all offers. (id:50982)

Ottawa, Ontario

Welcome to 193 Gladu Street, a charming duplex in Ottawa. This unique property functions as a single-family home with a self-contained one-bedroom, one-bathroom unit at the rear – perfect for extended family, guests, or rental income. The main residence is warm and welcoming, with a wide-open and bright main floor that flows beautifully from living to dining to kitchen. Anchored by a modern island, the kitchen offers plenty of workspace, storage, and natural light – ideal for both everyday living and entertaining. Upstairs, the second-floor bedroom features a cheater ensuite access to a fully renovated bathroom with a sleek glass stand-up shower. The top level includes two more spacious bedrooms and a second full bathroom, also fully updated with contemporary finishes. The rear unit has its own private entrance and offers a well-designed one-bedroom layout with a full bathroom and open living space – an excellent option for added flexibility or passive income. A detached garage adds extra convenience, and the location is hard to beat – close to parks, transit, shopping, and downtown Ottawa. Whether you’re looking for a multi-generational home, an investment opportunity, or a home with income potential, 193 Gladu Street delivers on all fronts. Front unit Gross monthly income: $2,550. Rear unit Gross monthly income: $1,575. Gross annual income: $49,500. OpEx: $8,938.66 (id:50982)

St. Catharines, Ontario

Outstanding opportunity to acquire a solid 8-unit multifamily asset in a prime St. Catharines location, offered at a strong 5.6% cap rate with approximately $1,080,000 in assumable financing at 4.5% through March 2029. Many suites feature modern shaker kitchens, quartz counters, stainless steel appliances, updated baths, and LVP flooring, allowing investors to step directly into immediate cash flow with minimal near-term capital requirements. Tenants pay hydro individually, reducing landlord utility exposure, while remaining rental upside through natural turnover provides an excellent path to future NOI growth. A rare blend of turnkey stability, favourable debt, and long-term upside. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Brockville, Ontario

Rare chance to acquire a 24-unit Brockville multifamily asset offering immediate scale, stable in-place cash flow, and exceptional long-term upside at a 5.0% cap rate. The property features minimal landlord utility exposure with 24 hydro meters and 24 water meters, with nearly all tenants paying their own utilities. Major capital work has already been completed, including the 2022 roof, updated boiler system with new controls, backup boiler, and renovated suites with in-suite laundry. The true story here is the remarkable 61.6% gap-to-market rents, creating a clear path to substantial NOI growth and long-term equity appreciation in a strong Brockville location just off Highway 401. Please note all measurements, lot sizes and building sizes in the listing are approximate and are to be confirmed by the Buyer. (id:50982)

Arnprior, Ontario

Welcome to 278 Elgin Street West Arnprior! This 5 unit multi family building is ideally located within walking distance of downtown Arnprior. A century home in the front houses 2 large units and a purpose built addition on the back offers 3 more units. Tenants share a common coin operated laundry in the lower level. UNIT 1 in the front section boasts 2 bedrooms, original hardwood floors, large windows and a sun room ($ 1,070.00 per month).UNIT 2 (id:50982)

Ottawa, Ontario

Great future potential!! Well maintained, fully rented, central duplex in up and coming area. Great potential as either an ongoing concern with rent upside or redevelopment opportunity with an R4UA Zoning. (id:50982)

Hawkesbury, Ontario

ATTENTION TO ALL DEVELOPERS, INVESTORS, AMAZING OPPORTUNITY TO BUILD MULTIPLE RESIDENTIAL APTS UNITS ON 3.67 ACRES LOCATED NORTH SIDE OF THE GOLF LA CITE IN THE HEART OF HAWKESBURY. THE BUILDING ON SITE CONSIST OF A 13,000 SQFT COMMERCIAL GYM THAT IS WELL ESTABLISHED AND VERY SUCCESSFUL AND 4 APTS. RENT ROLL AVAILABLE (id:66888)

Ottawa, Ontario

Welcome to Little Italy, an iconic neighborhood in the heart of the city, where a sleek and modern 4plex awaits you. This newly constructed legal 4plex exudes sophistication and style, with each unit featuring spacious layouts, high-end finishes, and an abundance of natural light. The property is fully rented with great tenants, ensuring a steady stream of rental income for the savvy investor. Little Italy is a prime location known for its lively atmosphere and vibrant community, making it an ideal spot for real estate investment. With low maintenance costs and high demand, this 4plex presents a lucrative opportunity for those looking to capitalize on the dynamic real estate market in Little Italy. Gross Rent $82,200 projected 2026. Explosive Air BNB potential. Close to O-Train, Lebreton Flats, Dow’s Lake, many specialty shops , restaurants and vibrant festivals. 24hrs notice for showings & 24hrs irrevocable on all offers, as per form 244. (id:50982)